Form 4: Stock Yards Bancorp Executive Vice President William Dishman Sells Shares
SEC Form 4
William Dishman, Executive Vice President of Stock Yards Bancorp, Inc., sold 2,204 shares of common stock at a price of $62.31 on July 31, 2024.
Summary
- On July 31, 2024, William Dishman, an Executive Vice President at Stock Yards Bancorp, Inc. (SYBT), sold 2,204 shares of the company's common stock.
- The sale price was $62.31 per share.
- Following the transaction, Dishman directly owns 34,444 shares of Stock Yards Bancorp, Inc.
- Dishman also indirectly owns 3,300 shares through a spouse and 7,576 shares through a 401k/ESOP.
Sentiment
Score: 5
Explanation: The sentiment is neutral. It's a routine disclosure of a stock sale by an executive. The impact depends on the broader context and market perception.
Negatives
- The sale of shares by an executive could be perceived negatively by investors.
Risks
- Executive stock sales can sometimes signal a lack of confidence in the company's future performance, although this is not always the case.
Industry Context
Insider trading activity is closely monitored in the financial industry as it can provide insights into a company's performance and future prospects. Form 4 filings are a routine part of this monitoring process.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders, as mandated by the SEC.
- Monitoring insider transactions is a common practice among investors to gauge sentiment and potential future performance, comparing the ratio of buys to sells against industry peers can be insightful.
Stakeholder Impact
- Shareholders may react to the news of the stock sale, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| 03/15/2017 | Date of Stock Appreciation Right |
| 02/20/2019 | Date of Stock Appreciation Right |
| 02/19/2020 | Date of Stock Appreciation Right |
| 02/25/2021 | Date of Stock Appreciation Right |
| 02/25/2022 | Date of Stock Appreciation Right |
| 02/14/2023 | Date of Stock Appreciation Right |
| 02/13/2024 | Date of Stock Appreciation Right |
| 07/31/2024 | Date of stock sale transaction |
| 08/01/2024 | Date of signature for the Form 4 filing |
| 02/14/2025 | Date of Stock Appreciation Right |
| 03/15/2026 | Expiration Date of Stock Appreciation Right |
| 03/21/2027 | Expiration Date of Stock Appreciation Right |
| 02/20/2028 | Expiration Date of Stock Appreciation Right |
| 02/19/2029 | Expiration Date of Stock Appreciation Right |
| 02/25/2030 | Expiration Date of Stock Appreciation Right |
| 02/25/2031 | Expiration Date of Stock Appreciation Right |
| 02/14/2032 | Expiration Date of Stock Appreciation Right |
| 02/13/2033 | Expiration Date of Stock Appreciation Right |
| 02/14/2034 | Expiration Date of Stock Appreciation Right |
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